Economy & Policy

New gas pipelines strengthen security of supply in Hungary

In an energy-crisis-ridden Europe, infrastructure projects are booming again.

These projects will provide the region with alternative sources of energy due to high gas prices and the declining availability of Russian sources.

Recently, several developments have reached the final stages of commercial operation and several new projects have been launched. The completed infrastructure projects will also have a positive impact on the security of gas supply in Hungary and the Central and Eastern European region.

“The commercial commissioning of the Greek-Bulgarian and Polish-Slovak interconnectors in early October and the Baltic Pipe, which will transport Norwegian gas to Poland, will allow Hungary to further diversify its supply routes,” Pál Ságvári, deputy chairman of the Hungarian Energy and Utility Regulatory Office for International Relations, said. 

However, Ságvár said that the completion of the new infrastructure should not be seen as the end of the line for diversification developments. 

He said that there has also been a noticeable increase in the need to further develop existing pipelines, such as the planned doubling of the Trans-Adriatic Pipeline’s capacity, which currently stands at 10 billion cubic meters per year. On the other hand, the construction of the EastMed pipeline, which would bring gas from the fields of the Eastern Mediterranean to southeastern Europe, has been given a new impetus, he added.

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